earnings
confidence high
sentiment positive
materiality 0.75
Gen Digital Q2 FY24 revenue $948M (+27% YoY); non-GAAP EPS $0.47; guidance reaffirmed
Gen Digital Inc.
2024-Q2 EPS reported
$0.52
revenue$1,894,000,000
- GAAP revenue $948M, up 27% YoY; GAAP diluted EPS $0.23 vs $0.12 a year ago.
- Non-GAAP diluted EPS $0.47, up 4% in USD; non-GAAP operating margin 57.9%, up 600 bps.
- Bookings $923M, up 28% YoY; operating cash flow $125M; customer count up 380k sequentially.
- Q3 FY24 guidance: revenue $950-960M, non-GAAP EPS $0.49-0.51.
- FY24 annual outlook reaffirmed: revenue $3.81-3.835B, EPS $1.95-2.00; quarterly dividend $0.125/share.